CLA 7.14% 1.3¢ celsius resources limited.

Ann: Further Testwork to Enhance Opuwo Scoping Study, page-432

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    Of course resources and reserves can be quite different. And i'm aware that SS in some months won't show a LoM of 21 years including 112 mt in ist NPV calculation.

    But i'm a longterm holder with a horizon of some years. The big picture is relevant for me.

    It's imo a question of time to switch the 112 mt from resources into reserves. And in the light of the gigantic exploration potential of Opuwo it's imo also a question of time until CLA will significantly increase current 112 mt resource.

    I wouldn't be surprised (based on a 5 mtpa plant) to see a LoM of 30-40 years in a final feasibility study. And this is a huge "unique selling position" against most other ASX cobalt hopefuls and would put a on first glance high 550 Am$ capex figure into perspective.
 
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